Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-04-21

A NNuAL sTATEME
For the year ending December 81,
AID. 1895.
OF the condition and affairs of the Water.
town Fire Insurance company of WATERFOWL
Dakota organized under the laws of the Terri
Territory of Dakota, in pursuance of the laws
of SAID territory.
President, Arthur O. Mellette.
I Vice President, Mark W. Sheafe.
Principal Office Watertown. Dakota.
organixed or Incorporated Nov. 8, 1886. Com
menced business Nov, II, 1885.
/. III CAPiTAL,
Amount OF Capital Stock actually
paid IN CASE. .... ,......-..."S1Ol,uD
=. Nv, PROPERTY or ASSETS OF THE COMPANY.
The cash on hand III its Office is -. l7 10
The cash on deposit in bank ia....... 2o,672 rs
The cash IN hands of agents and in
course OF transmission iS........... B62 SO
Loans en- bond and mortgage, being
the first lien on real. estate worth
double the amount of the sum- loan
Stock held as coiiatsiai security forlaans. to-
.asssm st nsins i, al par value si7.7oo. Total
Total carried ont ut markstvaiue, !. .sl1.soo 90
Total assets $l8, sec IS
V. LrABILITIRs,
Whole amount OF unearned
premiums on outstanding
Amount of all other existing
claims. ....-...,...s-.... % 10
Total liabilities s9a s.
VI. INCOME DURING THE YEAR 1883.
Whole amount Of cash prem
iums reeeiyed............. $2,O07 So
Whole amount of cash pre-
miums received on policies
OBSERVATION-DISCLOSURES. .e.. s2,oc7 IS
Whole amount of interest
money received. .... 2bf 81
Total income. 2.272 10
VII. E1PENsEs DURING THE YEAR 1885.
Amount of commissions and
fees paid to officers and
agents during the year 1885 S03 OS
Amount of fees paid the
Auditor of the territory of
Dakota during the year 1885
S 40. INCLUDING amaMn gn tsddes} a. ;.: a.. IS 90
aries of officers and agents
during the year 1SS6......., 1856 90
Whole amount of all other
expenditures during the
year 1855 BOD ~
Total expenditures s1,s7l 80
Gross amountof risks taken
during the year 1885. !. +. $tol, 4O8.0o
Gross amount of risks taken
in the territory of Dakota
during the year 1886 ........ 101,4 90
Whole amount of risks out
Number Of agents in the ter '
ritery of Dakota, IA. Il
Territory of Dakota. County of Codington, ss.
Fahnestook, secretary of the Wstertown Fire
Insurance company of Wstertown, Dakota,
being duly sworn .depose and say that
statement Of the. affairs of said com
pany; that the said insurance company is the
bona fide owner of at least one hundred thous-
the state and United States stocks and bonds, or
in. bond and mortgages of real estate unincum-
bered, and worth double the amount for which
described officers Of SAID insurance company.
ARTHUR O. MELLETTE, President,
EDWARD q. FAHEEsTocK, Secretary.
Subscribed and sworn to before me this
eleventh day of January 1887.
~[sEAL.ls E. a. GRovE, Notary Public, ID. T.
TERRITORY OF DAKOTA,
AUDITORS OFFICE.
INSURANCE DEPARTMENT..
!, James A.. Ward, Audit n Of the Territory
of Dakota, do hereby certify that the above ia
2 true copy Of the original statement now on
In witness whereof / have hereunto set my
land and affixed the seal Of this
IL. 81 office at Bismaruk, this 9Th day
JAMES 4. WARD, Auditor.
The Territory of Dakota, office Territorial
Auditor; Department Of Insurance. Com
WHEREAS. The Watertown Fire insurance
company. o corporation organised under the
Jaws OF DAKOTA mas nleo IN tnls oI1ce q
sworn statement exhibiting its condition and
business for the year ending December slst,
1885, from which it appears that stae capital,
the character Of the securities, and the financial
standing of said company, conform to the re-
quirements of the laws of this territory regu-
lating the business of insur ance, and
WHEREAS, The said company has filed in this
Office q duly certified copy of its charter, with
certificate of organization, and has fully COM
piled with the requirements of the insurance
laws aforesaid;
New therefore. / James A. Ward, auditor OF
the Territory of Dakota, pursuant to the pro
above named company is fully empowered
through its authorized agents, to transact itf
appropriate business of fire. lightning and
to the laws thereof, until the sist day Of De
csmber, A., d. eighteen hundred and eighty
seven.
hand and seal ct Bismarck. this 9th deg O
fsEsLi JAMES A. WARD, Auditor.